Asia Pacific Food Glazing Agents Market Size, Share & Industry Trends Analysis Report By Nature (Conventional and Organic), By Application, By Product Type (Stearic Acid, Beeswax, Candelilla Wax, Shellac, Carnauba Wax) By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Food Glazing Agents Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
Because premium meat products need superior coatings to maintain their sheen, the demand for meat glazing products is, therefore, likely to soar as consumer preference shifts toward these products. In addition to enhancing appearance, glazing can help keep food products fresher longer and shield them from contact with outside packaging materials.
Natural or synthetic waxes, like microcrystalline wax, candelilla wax, beeswax, carnauba wax, hydrogenated poly-1-decene, montan acid esters, oxidized polyethylene wax, and shellac, are the most significant materials used as glazing agents. These additives are all used to treat the surfaces of some whole, fresh fruits.
Fruits and vegetables have longer shelf lives because glazing agents are utilized throughout the manufacturing process to protect the food product's exterior surface. Glazing agents also give fruit candies a brighter exterior, boosting their consumer appeal. The anticomedogenic qualities of beeswax make it a common ingredient in skin care products.
Colour cosmetics are one of the markets in India that are expanding the fastest due to the increase in the acceptance of western culture. The penetration of the colour cosmetic industry in the Indian market is rising as the aesthetic appeal among the younger generation rises. India is one of the Asian nations with the growth for colour cosmetics. Due to the growing demand for organic colour cosmetics among significant segments of Indian society, Indian companies are entering this market.
The China market dominated the Asia Pacific Others Market by Country in 2021; thereby, achieving a market value of $52.7 million by 2028. The Japan market would witness a CAGR of 5.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.5% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Bakery & Confectionery, Fruits & Vegetables, Processed Meat, Poultry, & Fish and Others. Based on Product Type, the market is segmented into Stearic Acid, Beeswax, Candelilla Wax, Shellac, Carnauba Wax and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mantrose-Haeuser Co., Inc. (RPM International, Inc.), Capol GmbH (Freudenberg Group), Colorcon, Inc. (BPSI Holdings LLC.), Koster Keunen, Inc., The British Wax Refining Company Ltd., Masterol Foods Pty. Ltd., Poth Hille & Co Ltd., Stearinerie Dubois, Strahl & Pitsch, LLC. and Puratos NV/SA.
Scope of the Study
Market Segments Covered in the Report:
- Bakery & Confectionery
- Fruits & Vegetables
- Processed Meat, Poultry, & Fish
By Product Type
- Stearic Acid
- Candelilla Wax
- Carnauba Wax
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Mantrose-Haeuser Co., Inc. (RPM International, Inc.)
- Capol GmbH (Freudenberg Group)
- Colorcon, Inc. (BPSI Holdings LLC.)
- Koster Keunen, Inc.
- The British Wax Refining Company Ltd.
- Masterol Foods Pty. Ltd.
- Poth Hille & Co Ltd.
- Stearinerie Dubois
- Strahl & Pitsch, LLC.
- Puratos NV/SA
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